Charity (2)

The Man of The Hour

Although some societies exist in complete anarchy, the United States of America remains the contrary. This remains attributed to its “Founding Fathers” and the Declaration of Independence. For those unaware, the United States of America remains a nation that immigrants helped to create. With a population well over 300 million people, the United States continues to inspire and innovate the world. Without such immigration, the United States would have never reached its full potential. With that being said, George Soros remains a prominent figure in the investment community. Learn more on Discover the Networks about George Soros.

For those unaware George Soros remains one of the most successful investors that ever lived. In addition, his story remains like no other. George Soros grew up in a time when Nazi Germany remained a world power. As a native of Budapest, Hungary, George Soros saw the wrath of the Nazis firsthand. Not only did they seize control of his country, they also killed millions of Jews in the process. Fortunately, George Soros and his family did not become a casualty. In fact, George Soros fled to England in 1947 with hopes of furthering his education. During this time, he went to the London School of Economics. While there, he received a bachelor’s degree in economics.

Due to such a desire for knowledge, George Soros also acquired a master’s degree in philosophy. By 1969, George Soros became a successful businessman. During this time, he opened up his first hedge fund called the Double Eagle. Due to the success of his first hedge fund, he opened his second hedge fund in less than one year. To remain exact, his first hedge fund went from $12 million dollars to a $25 billion dollar business entity. Therefore, it remains safe to say that George Soros knows a great deal about investing. Regardless of a country’s economic situation, George Soros has proven his ability to “weather the storm.”

This remains evident thanks to his $1 billion dollar profit that he made during the Black Wednesday UK currency crisis and 1992. Eventually, Soros would leave Europe and make his way to the United States. As an American resident, Soros became even more successful. Furthermore, he remains an avid philanthropist. With that being said, he has donated over $11 billion dollars to charity between 1979 and 2011. In addition, Soros spent a substantial amount of his time diffusing political conflict throughout the world. Learn more about his profile at

In fact, he played a substantial role and assisting Eastern Europe transition from a communist state to a capitalist state. Furthermore, he remains known throughout his hometown for his educational contributions. Considering this to remain conventional wisdom, George Soro’s wealth currently stands at 25.2 billion dollars. In a nutshell, he has a lot of money.

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George Soros and His Quest to Support Charity Organizations and Political Campaigns

George Soros is a Hungarian billionaire and businessperson who made his riches from the hedge fund industry. Soros is also the brains behind Soros Fund Management, one of the most successful hedge funds in the United States. With a net worth of $25.2 billion, he ranks number 19 on the Forbes list of world’s wealthiest people. Soros settled at the UK and enrolled in a finance course at the London School of Economics. He worked part time as a railway porter and a waiter of a London-based hotel before starting his professional investment career. His professional career commenced after he moved to NYC and worked on Wall Street.

Details on Soros Fund Management

Using the experience he earned from Wall Street, George Soros spent $12 million in establishing his hedge fund in 1969. The fund was renamed Quantum Fund back in 1992. Soros worked closely with financial specialists, such as Stan Druckenmiller, in growing Quantum Fund. He once placed a bet on the stability of the British Pound and made a fortune out of the bet. Soros uses Soros Fund Management to advance his investments. He runs a family office with assets worth over $30 billion. Soros enlisted the expertise of Dawn Fitzpatrick in managing the investment portfolio of Soros Fund Management. He employed Dawn to serve as company’s chief investment officer. Dawn is the seventh chief investment officer to work with Soros Fund Management.

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Political, Social Welfare and Charity Involvement

George Soros began funding political campaigns back in 2004 when he contributed $27 million to George Bush’s presidential campaign. Today, most of his contributions target Democratic Party candidates. Regarding philanthropy and social welfare advocacy, Soros gifted the Voting Rights Trust $5 million. Marc Elias, Hilary Clinton’s campaign attorney, created the organization with an objective of empowering marginalized people in the U.S. to vote. Soros also supports PACs that is located in the United States. He recently contributed $1.5 million to each PAC formed by Democratic Party candidates. He also donated the same amount to Planned Parenthood Votes, a PAC that advocates for abortion rights. In 2005, George Soros was instrumental in launching the Democratic Alliance. This club comprises of liberal donors and is focused on combating social issues, such as income inequality and climate change. In the 2008 presidential campaigns, George Soros declared his support for Barrack Obama. Obama who vied for the presidency on a Democratic Party ticket, Soros also supported him in the 2012 presidential race, which Obama won. Soros believes that Democrats are the advocates for change in American politics. He stood alongside Clinton as she was running for the presidency. He has praised Hilary Clinton severally for giving him a chance to discuss policy issues.

Read his profile at Forbes.